Foreign exchange earnings in 2012 see 21.8 per cent growth

Image
Press Trust of India New Delhi
Last Updated : Dec 06 2013 | 8:07 PM IST
Foreign exchange earnings in the tourism sector in 2012 was Rs 94,487 crore, a growth of 21.8 per cent over the previous year.
India ranked 16th in the world tourism receipts during 2012 according UN World Tourism Organisation's world tourism barometer, while in the Asia and Pacific region, it stood seventh, Minister of State for Tourism K Chiranjeevi today said.
In 2011, the country earned Rs 77,591 crore and in 2010 Rs 64,889 crore.
In a written reply in the Rajya Sabha, he said the government has amended its visa manual to extend collective landing permits facility with effect from April 1.
Foreign tourists in groups of four or more arriving by air or sea and sponsored by Indian travel agencies approved by the Tourism Ministry and with a pre-drawn itinerary will be granted collective landing permit for a period not exceeding 60 days, with multiple entry facilities.
Tourists or travel agencies shall mandatorily fill in an application online to avail of this facility, he said.
To a separate question, he replied that contribution of tourism in gross domestic product (GDP) and employment generation in the country in 2009-10 was estimated to be 6.8 per cent and 10.2 per cent respectively.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 06 2013 | 8:07 PM IST

Next Story